Doncrest · L4B 3P7
$480,000
$136 / sq ft2 days on market
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Excellent Opportunity To Acquire A Well-Established Xiao Long Kan Hot Pot Restaurant In A Prime Richmond Hill Location. Operating For Many Years And Known As A Popular GTA Hot Pot Destination, This Turn-Key Restaurant Features Attractive Interior Finishes, A Fully Equipped Professional Commercial Kitchen, And A Functional Dining Layout. Ideal For Continued Operation Or Conversion To Your Own Restaurant Concept. Located In A Busy, High-Traffic Plaza With A Strong Mix Of Tenants Including RBC, Bank Of China, Bubble Tea Shops, Nail Salon And Other Retail And Service Uses, Generating Consistent Daily Foot Traffic. Excellent Visibility, Ample Plaza Parking And Convenient Access To Major Roads And Transit. Liquor Licence In Place. A Rare Opportunity For An Owner-Operator Or Established Restaurant Group Looking To Expand In One Of Richmond Hill's Most Active Dining Hubs.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 82% of comparable business for sale listings in Richmond Hill are asking less.
Based on 34 comparable active business for sale listings in Richmond Hill. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $480,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RC BEST CHOICE REALTY CORP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.